City Terrace, East Los Angeles, CA—90063
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — City Terrace, East Los Angeles, CA
As of Oct '25, the median home price in City Terrace, East Los Angeles, CA is $663,000, with a year-over-year change of -1.6%. This indicates that home prices in City Terrace, East Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $663,000 | -1.6% |
| Single Family | $664,000 | -2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $519,000 | 0.6% |
2 Bed | $611,000 | -1.3% |
3 Bed | $690,000 | -2.0% |
4 Bed | $745,000 | -1.5% |
| 5 Bed | $806,000 | -0.7% |
% of Housing Stock
Rental Trends — City Terrace, East Los Angeles, CA
As of July '25, Rentcast reports the average rent in City Terrace, East Los Angeles, CA is $2,770, with a year-over-year rent change of 10.8%. Per bedroom, the median rent as of July '25 in City Terrace, East Los Angeles, CA is studios: $1,340, 1-bedrooms: $1,970, 2-bedrooms: $2,930, 3-bedrooms: $3,330, 4-bedrooms: $3,150. The most common rental property sizes in City Terrace, East Los Angeles, CA are 2-bedroom and 1-bedroom, accounting for 41.1% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,770 |
| Studio Rent | $1,200 | $1,340 |
| 1 Bed Rent | $1,850 | $1,970 |
| 2 Bed Rent | $3,000 | $2,930 |
| 3 Bed Rent | $3,000 | $3,330 |
| 4 Bed Rent | $3,600 | $3,150 |
% of Rental Stock
Property Listings — City Terrace, East Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in City Terrace, East Los Angeles, CA is 59. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $798,000 | 7.0% |
Listing Count | 37 | -3.0% |
| Listings as % of Homes | 0.2% | -3.0% |
Days on Market | 59 | 29.0% |
Demographics — City Terrace, East Los Angeles, CA
As of the latest ACS Survey released in 2023, City Terrace, East Los Angeles, CA has a population of 50,500, which has decreased by -4.6% over the past 5 years. City Terrace, East Los Angeles, CA is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 12.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,500 | -4.6% |
% Under 18 | 23.8% | -8.8% |
% Seniors | 11.4% | 2.7% |
% WFH | 8.1% | 268.2% |
% w/ College Degree | 12.8% | 26.7% |
As of the latest ACS Survey released in 2023, City Terrace, East Los Angeles, CA is a predominantly hispanic area, with 93.7% of the population identifying as hispanic. The hispanic population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in City Terrace, East Los Angeles, CA is white, making up 3.3% of the population. Foreign-born residents account for 39.9% of the population in City Terrace, East Los Angeles, CA, and this percentage has increased by 1.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 3.3% | 43.5% |
% Black | 0.4% | -33.3% |
% Hispanic | 93.7% | -2.2% |
% Asian | 2.1% | 61.5% |
% Foreign Born | 39.9% | 1.8% |
Mortgage and Risk — City Terrace, East Los Angeles, CA
According to HUD data as of 2023, there were 216 mortgage originations in City Terrace, East Los Angeles, CA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in City Terrace, East Los Angeles, CA. Investor activity is low, as 9.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 216 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — City Terrace, East Los Angeles, CA
As of 2024, the percent of homes in City Terrace, East Los Angeles, CA under the Section 8 program is 6.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In City Terrace, East Los Angeles, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 640 |
Total Units Section 8 | 567 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | 92.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $1,850 | $1,810 |
| 2 Bedroom | -$710 | $3,000 | $2,290 |
| 3 Bedroom | -$60 | $3,000 | $2,940 |
| 4 Bedroom | -$360 | $3,600 | $3,240 |
Affordability — City Terrace, East Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.1 |
| Median Home Price | $663,000 |
| Median Household Income | $71,700 |